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Found 1,492 articles

Chuan sees more economic hurdles ahead

Chuan sees more economic hurdles ahead BANGKOK (Reuters): Thai Prime Minister Chuan Leekpai said yesterday his battered country still faced economic hurdles one year after the float of its currency, a move that sparked its worst economic crisis in decades.

Rethinking our development strategy

Rethinking our development strategy The national economy is sliding ever deeper into an abyss filled with difficulties. It is proving very difficult to turn the tide or control the pace of the fall. All this is happening because those who have the power to do so are not united in their resolve to...

Soeharto 'using wealth as shield'

Soeharto 'using wealth as shield' NEW YORK (Reuters): Former Indonesian president Soeharto has been maneuvering to reestablish a political power-base to shield his family's substantial financial fortune from scrutiny by future governments, the New York Times said yesterday.

Stirling mulls Indonesia Camar oil field plans

Stirling mulls Indonesia Camar oil field plans SYDNEY (Reuters): Oil and gas group Stirling Resources NL said yesterday funds from its recently announced rights issue would go to fund development of its Camar oil field interests in Indonesia.

Semen Gresik deal to be completed by weekend: Official

Semen Gresik deal to be completed by weekend: Official JAKARTA (JP): Negotiations on the sale of parts of the government's 65 percent stake in cement producer PT Semen Gresik to two foreign firms are expected to be completed this weekend, an official said.

Asian women and western partners

Asian women and western partners After reading the letter written to Kompas by Hertien K. Surtikanti that was reprinted in The Jakarta Post on June 29, I am, as an Indonesian married to an expatriate, very angry with what has been written.

RI markets strengthen on regional rally

RI markets strengthen on regional rally JAKARTA (JP): Indonesian financial markets strengthened yesterday, boosted by high expectations across the region over a new Japanese economic stimulus package designed to lift the regional market.

Merpati to lease two routes

Merpati to lease two routes JAKARTA (JP): State-owned airline Merpati Nusantara Airlines plans to lease its Denpasar-Perth and Denpasar-Melbourne routes to Orient Thai of Thailand.Merpati spokesman Tondo Widodo said here yesterday Merpati could no longer serve the two routes because it had returned...

Asian shares rally on Japan clean-up plan

Asian shares rally on Japan clean-up plan SINGAPORE (Reuters): Asian markets marked the first anniversary of the start of the regional financial crisis with strong rallies yesterday as Japan approved a key plan aimed at cleaning up its debt-ridden banking system.

Regent named as suspect

Regent named as suspect UJUNGPANDANG, South Sulawesi: Chief of the provincial prosecutor's office Gagoek Soebagyanto announced yesterday that Maros regent Nasrun Amrullah was officially declared a suspect in an Rp 1.4 billion corruption case last Monday.

Cadres call for organizational reform in Golkar

Cadres call for organizational reform in Golkar JAKARTA (JP): Cadres of the ruling Golkar called on the political organization yesterday to comply with the reform spirit and free itself of external interference.

Conversion Rates

Conversion Rates JAKARTA (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on July 2, 1998: Buying Selling Rp Rp U.S. dollar 1 14,200.00 15,200.00Austrian shilling 1 1,062.90 1,214.20Australian dollar 1 8,702.30 9,313.90Belgian franc 1 375.50 399.40Canadian dollar 1 9,658.

OPEC oil price rise to $11.8

OPEC oil price rise to $11.8 LONDON (Reuters): The price of OPEC's basket of seven crudes rose to $11.80 a barrel on Wednesday from $11.70 on Tuesday, the OPEC news agency said quoting the OPEC Secretariat.

Military police take over murder case

Military police take over murder case JAKARTA (JP): The man suspected of murdering and mutilating his own girlfriend, Air Force First Sgt. Uki Wardana, 24, was transferred to Jakarta Military Police Headquarters on Tuesday night, an official said yesterday.

Palm oil steady in Europe

Palm oil steady in Europe LONDON (Reuters): Crude palm oil prices were steady at the opening of the European vegetable oil market yesterday.Sellers were offering forward positions at the start of business with gains of around US$15 over their last offers on Tuesday.

Australian tourist arrivals increased 41% in 1997

Australian tourist arrivals increased 41% in 1997 JAKARTA (JP): The number of Australians visiting Indonesia increased 41.7 percent last year to 539,156 from 380,475 in 1996, according to the 1997 Statistical Report on Visitors to Indonesia.

Sutiyoso orders immediate crackdown on pedicabs

Sutiyoso orders immediate crackdown on pedicabs JAKARTA (JP): Governor Sutiyoso, who last Thursday announced he was allowing becak (pedicabs) back on the capital's streets, urged city authorities yesterday to help eliminate the man- powered vehicles.

Indonesian 'sinetron'

Indonesian 'sinetron' "A house, a wife and a singing bird" and "a mobile phone, Mercedes Benz and a luxurious house".When I was working with USIS in the late fifties in Surabaya, East Java, I was part of a team in the cinematography section showing films in various towns.

Balai Pustaka not to raise book prices, says official

Balai Pustaka not to raise book prices, says official JAKARTA (JP): Despite soaring paper prices, the state-owned publisher Balai Pustaka has no intention of increasing text book prices for the upcoming academic year, its top executive said yesterday.

Glodok computer vendors open new business

Glodok computer vendors open new business JAKARTA (JP): At least 200 computer vendors whose shops in Glodok, West Jakarta, were looted and burned during the mid-May riots are back in business, albeit with scant capital and stocks.

Rights activists blast bill on street protests

Rights activists blast bill on street protests JAKARTA (JP): Leading human rights campaigners have dismissed a bill on street protests as the government's bid to restrict citizens' rights to freely express ideas rather than a serious effort to respect freedom of expression.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on July 2, 1998: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 425 -25 2,500 AHAP Insurance 575 0 0 Alter Abadi 475 -25 141,000 Alumindo Light Metal 325 -25 10,000...

Airlines owe $30m to Pertamina

Airlines owe $30m to Pertamina JAKARTA (JP): State oil and gas company Pertamina's president Soegianto has said Pertamina is owed over US$30 million by the Garuda, Merpati and Sempati airlines for late payment of aviation fuel.He said Garuda owed Pertamina Rp 103 billion and $12.

Youths dispersed by security forces

Youths dispersed by security forces JAYAPURA, Irian Jaya: Security officers dispersed hundreds of youths staging a demonstration demanding independence for Irian Jaya at the provincial legislative building here yesterday morning.

Language democratization a must

Language democratization a mustBy A. Chaedar Alwasilah JAKARTA (JP): Since Soeharto's downfall people have been noisily calling for democratization in all walks of life. Protesters now enjoy freedom of speech, which was absent for the last three decades in the country.

Govt allows direct overseas recruitment

Govt allows direct overseas recruitment JAKARTA (JP): Facing the explosive unemployment problem, the government has allowed foreign employers to directly recruit Indonesian workers, a breakthrough which local labor suppliers see as a threat to their business.

Entrepreneurs seek government safety guarantee

Entrepreneurs seek government safety guarantee JAKARTA (JP): President B.J. Habibie received a strong message from the business community yesterday that the government must ensure the safety of ethnic Chinese entrepreneurs and punish the perpetrators of the May riots if it wishes to see a full...

Hospital employees urge fair recruitment

Hospital employees urge fair recruitment BOGOR (JP): At least 100 employees of Bogor Mental Hospital demonstrated at the hospital compound Wednesday, protesting the management's recruitment scheme as unfair and welfare facilities as poor.

Number of poor people hits 79.4m

Number of poor people hits 79.4m JAKARTA (JP): The number of Indonesians living below the poverty line has soared to 79.4 million, about 40 percent of Indonesia's population, the Central Bureau of Statistics (BPS) said yesterday.BPS chief Suwito Sugito said that the figures would increase to 95.

Food for thought

Food for thought The government must be commended for launching the crash program this month to provide rice at a heavily subsidized price to millions of poor people who are most vulnerable to food shortages.

'Political infighting' behind rupiah's fall

'Political infighting' behind rupiah's fall JAKARTA (JP): Bank Indonesia Governor Sjahril Sabirin blamed yesterday politicians' maneuvering for causing the rupiah's continuing plunge against the U.S. dollar.

A more flexible IMF

A more flexible IMF The International Monetary Fund appears to have finally recognized the folly of its earlier attempts to impose a one-size-fits-all program on the very different problems faced by Asian economies.

Cronyism not a factor in new MPR appointments: Akbar

Cronyism not a factor in new MPR appointments: Akbar JAKARTA (JP): Minister/State Secretary Akbar Tandjung dismissed speculation that the selection of 41 new members of the People's Consultative Assembly (MPR), most of whom were sworn in yesterday, was based on their close relationship with...

Workers' shooting with rubber bullets deplored

Workers' shooting with rubber bullets deplored JAKARTA (JP): Experts deplored yesterday soldiers use of rubber bullets to handle a workers' protest at steel manufacturer PT Gunung Garuda in Bekasi, where dozens of protesters were injured.

SingTel cuts rates by 20%

SingTel cuts rates by 20% SINGAPORE (Reuters): Singapore Telecom said yesterday it was reducing its International Direct Dialing (IDD) rates to seven countries by up to 20 percent.These apply to IDD calls to France, Germany, Indonesia, Italy, Netherlands, South Korea and Thailand from August, it...

Towards more efficient fuel use

Towards more efficient fuel useBy Otto Soemarwoto JAKARTA (JP): Fuel has been heavily subsidized by the government. Before the recent price hikes the subsidies amounted to Rp 27.54 trillion consisting of Rp 16.17 trillion for oil and Rp 11.37 trillion for electricity.

Dian taxi driver found dead in his cab

Dian taxi driver found dead in his cab JAKARTA (JP): A 28-year-old taxi driver from PT Dian Taxi was found dead between the front seats of his cab, parked on Jl. Perjuangan Raya in West Jakarta Tuesday midnight, police said yesterday.City police spokesman Lt. Col. E.

Crisis forces city to 'sacrifice' its environmental programs

Crisis forces city to 'sacrifice' its environmental programsBy Stevie Emilia JAKARTA (JP): More pollution. That's the first thing that comes to mind after learning that the city plans to suspend its environmental programs due to its limited budget.

Annan concerned over violence in East Timor

Annan concerned over violence in East Timor UNITED NATIONS (Reuters): United Nations (UN) Secretary- General Kofi Annan expressed concern on Tuesday at recent violence in East Timor and called on the Indonesian authorities and community leaders to help ease tensions.

Collusion practice at mayoralty investigated

Collusion practice at mayoralty investigated JAKARTA (JP): Central Jakarta's inspectorate office is currently investigating a report on collusion, corruption, cronyism and nepotism allegedly exercised by some officials in the mayoralty, an official said.

Child prostitution in higher demand

Child prostitution in higher demand YOGYAKARTA: A survey here has found that the demand for child prostitutes, girls under 18 years of age, is on the rise this year.Researcher Koentjoro of Gadjah Mada University's Center for Population Studies (PPK) said yesterday there were already eight procurers...

TV today

TV todayTVRI 12:15 p.m. World Cup Soccer (rerun) 2:00 News: Berita 14 2:30 Music 2:35 Children's Film: Thundercats 3:05 Environment: Pengelolaan Lingkungan Pantai 3:30 Science Film: Ticket to Adventure 4:00 Regional News 4:30 Creative Program: Karya Kita 5:00 Arabic Lessons 5:30 TV Series: Man From...

My experience with a PIN

My experience with a PIN I applied for a savings account at Bank Dagang Negara (BDN) in the Manggala Wanabhakti building, Central Jakarta, on May 28. This account, called BDNPAS, comes with an ATM card, and I was told that the card would be ready within about 10 days.

A lingering concern

A lingering concern Almost three weeks have passed since some of the most ugly rioting in the city's history rocked Jakarta. Yet, though a semblance of normalcy has since descended, most of the city's citizenry will find it difficult to say that the dust of those two days of violence has settled.

PPP scrutinizing 'corrupt' officials

PPP scrutinizing 'corrupt' officials JAKARTA (JP): The City Council's United Development Party (PPP) faction is currently collecting data and information to prove allegations of corruption perpetrated by 15 city administration officials, a faction member said yesterday.

Changes in the Assembly

Changes in the Assembly A month after his installation as President, B.J. Habibie continues to display agility in his actions. No sooner has the House of Representatives asked the People's Consultative Assembly (MPR) to convene for a special session than he started flushing the assembly of members...

Akbar defends his plan to hold Golkar meeting

Akbar defends his plan to hold Golkar meeting JAKARTA (JP): Minister/State Secretary Akbar Tandjung has defended his decision to call for a meeting of Golkar's three main components last Monday, which was canceled at the last minute by former president Soeharto.

Palm oil prices higher on RI uncertainty

Palm oil prices higher on RI uncertainty LONDON (Reuters): Palm oil prices were sharply higher at midday on the European vegetable oil market on growing concerns over the situation in Indonesia.The Indonesian government is expected to take action soon to bring the palm oil price under control...

Van accident kills three

Van accident kills three MUARA TEWEH, Central Kalimantan: Three people were killed and seven others were rescued when a van veered off the road and plunged into a three-meter deep lake in Rarawa village, Gunung Timang subdistrict, some 75 kilometers south of here Tuesday.

Glodok raised walkway to be demolished

Glodok raised walkway to be demolished JAKARTA (JP): The Glodok elevated walkway, once home to dozens of shops above Jl. Gajah Mada and Jl. Hayam Wuruk in West Jakarta, will be demolished later this month as it was seriously damaged when burned during the May 13 to May 15 riots, an official said...